Homestead Land Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08088371 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

HOMESTEAD LAND LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Rowe

REGISTERED OFFICE:

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

REGISTERED NUMBER:

08088371 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Tangible assets

4

380,000

340,739

Investment property

5

-

517,700

380,000

858,439

CURRENT ASSETS

Debtors

6

38,083

38,353

Cash at bank

16,868

113,682

54,951

152,035

CREDITORS

Amounts falling due within one year

7

434,851

1,899,954

NET CURRENT LIABILITIES

(379,900

)

(1,747,919

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

100

(889,480

)

PROVISIONS FOR LIABILITIES

-

233

NET ASSETS/(LIABILITIES)

100

(889,713

)

CAPITAL AND RESERVES

Called up share capital

8

100

Revaluation reserve

9

110,700

-

Retained earnings

(110,700

)

(889,813

)

SHAREHOLDERS' FUNDS

100

(889,713

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2026 and were signed by:

D J Rowe - Director

1.	STATUTORY INFORMATION

Homestead Land Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Furniture, fittings and equipment

-

25% on reducing balance

Biological assets are included at cost less any impairment losses.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Furniture,

fittings

Freehold

Plant and

and

property

machinery

equipment

Totals

£

COST OR VALUATION

At 1 March 2025

339,514

7,167

1,520

348,201

Disposals

(70,214

)

(7,167

)

(1,520

)

(78,901

)

Revaluations

110,700

-

110,700

At 28 February 2026

380,000

-

380,000

DEPRECIATION

At 1 March 2025

-

6,214

1,248

7,462

Eliminated on disposal

-

(6,214

)

(1,248

)

(7,462

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

380,000

-

380,000

At 28 February 2025

339,514

953

272

340,739

Cost or valuation at 28 February 2026 is represented by:

Freehold

property

£

Valuation in 2026

110,700

Cost

269,300

380,000

If freehold property had not been revalued it would have been included at the following historical cost:

2026

2025

£

Cost

269,300

-

Freehold property was valued on an open market basis on 28 February 2026 by the director .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

517,700

Disposals

(517,700

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

517,700

6.

DEBTORS

2026

2025

£

Amounts falling due within one year:

Other debtors

37,583

-

Prepayments

500

853

38,083

853

Amounts falling due after more than one year:

Other debtors

-

37,500

Aggregate amounts

38,083

38,353

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other loans

429,315

-

Trade creditors

-

8

Amounts owed to group undertakings

-

1,893,787

Tax

2,036

2,369

Social security and other taxes

-

640

Directors' current accounts

2,000

-

Accrued expenses and deferred income

1,500

3,150

434,851

1,899,954

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100

9.

RESERVES

Revaluation

reserve

£

Revaluation of freehold property

110,700

At 28 February 2026

110,700

10.	RELATED PARTY DISCLOSURES

On 28 February 2026, the company sold a property to David Rowe, the director for consideration of £471,000. The transaction was undertaken on normal market terms. The consideration was based on the directors' assessment of the property's open market value and represents the amount they considered would have been achieved in an arm's length transaction with an independent third party.